Bare ActsThe Tamil Nadu Indebted Agriculturists and Indebted Persons (Special Provisions) Act, 1976

Section 2

In this Act, unless the context otherwise Definitions

Amendment status not verified — confirm the current text below against the official source.

In this Act, unless the context otherwise Definitions. requires,- (a) " agriculturist " means an agriculturist as defined in clause (b) of section 2 of the Tamil Nadu Indebted Agriculturists (Temporary Relief) Act, 1976; (b) " debt " means,- (i) in relation to an agriculturist, a debt as ' defined in clause (c) of section 2 of the Tamil Nadu Indebted Agriculturists (Temporary Relief) Act, 1976. (ii) in relation to an indebted person, a debt as defined in clause (1) sf section 2 of the Tamil Nadu Indebted Persons (Temporary Relief) Act, 1976, but shall not include +For Reasons for the enactment, see Tamil Nadu Cove- Gazette Extraordinary, dated the 17th April 1976, Part IV-s&ion 2, Pages 165-166. $38 Indebted Agriculturists [l 6 : President's Act 17 and Indebted Persons (Special Provisions) 4 I i the debts and liabilities of an indebted person specified in section 3 of that Act ; (c) " indebted person " means an indebted person as defined in clause (2) of section 2 of the Tamil Nadu Indebted Persons (Temporary Relief) Act, 1976; (d) " interest" means any amount or other thing paid or payable in excess of the principal sum borrowed or pecuniary obligation incurred, or where anything has been borrowed in kind in excess of what has been so borrowed by whatsoever name such amount or thing may be called, and whether the same is paid or payable entirely in cash or entirely in kind or partly in cash and partly in kind and whether the same is expressly mentioned or not in the document or contract, if any. I ~nterest not to

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